21st February 2019 – Managing Capital Adequacy Risk
Time: 9:30am to 12:30pm
Cost: £399 + VAT
Location: ACA UK offices, 130 Jermyn Street, London, SW1Y 4UR
The ever-increasing focus by the Regulators on capital adequacy and the accountability of Senior Management, particularly when things go wrong, emphasises the importance of individuals in senior Management positions having a clear understanding:
- of what is expected of them as holders of Significant Influence Functions,
- of how the firm’s financial and regulatory reporting processes ensure compliance with the relevant obligations, and
- at a level of detail appropriate to understand and challenge the work done by internal resources and/or outsourced service providers, of relevant prudential requirements and capital calculations.
This course is designed to assist Senior Management to embed a compliance ethos in the individual and a strong compliance culture throughout the firm.
- The ability to demonstrate to the FCA your understanding of the current capital adequacy rules and the Senior Management responsibilities
- The knowledge you need to achieve and evidence compliance with those responsibilities
- The skills to identify actions that may need to be taken to address any gaps in capital adequacy assessment, monitoring and compliance
- The ability to ensure that procedures are in place for identification, assessment and mitigation of capital adequacy shortfalls
- Senior Management, Systems & Controls (SYSC) specific to capital adequacy
- Introduction to the Prudential framework: where do the rules come from
- Prudential categories: which firms are subject to which rules
- Reporting framework: what you need to submit to the regulator, and when
- Capital framework: how monitor and assess capital requirements and resources
- Liquidity framework: how monitor and assess capital requirements and resources
Course aimed at: any individuals who are working or are seeking to work in a regulated environment.
This course can be delivered onsite or as an instructor lead course at a firm’s office.
If you would like to discuss your training requirements in more detail, please contact Graham Dix on 020 3141 9546 or your usual ACA consultant.